By Kurt Mears & Daniel Amiot, Advance Capital Management Financial Advisers
Rest easy, dog food is off the menu. By that we mean you can ignore the extreme hyperbole surrounding fears about running out of money in retirement, such as the notion of having to eat Fido’s canned dinner.
Are you scared about spending your hard-earned financial assets? If so, you’re not alone.
Although Social Security is entirely separate from your AT&T benefits, it will be a major part of your retirement plan. For most AT&T employees, Social Security will provide 25%-50% of their retirement income. Therefore, it’s important to understand how this federal program works.
Advance Capital Management’s president and chief investment officer, Christopher Kostiz, provides his key economic and market insights from the most recent quarter.
A loved one (a child, sibling, other relative or friend) tricks you into making large cash transfers, which starts to drain your retirement savings. Surely, that wouldn’t happen to you, would it?
By Kurt Mears & Daniel Amiot, Advance Capital Management Financial Advisers
A common question federal employees ask us is this: I have heard there are “best” days of the year to retire from FERS – is this true? The answer is indeed, yes. In fact, the date you retire from FERS can carry significant importance based on your cash flow needs.
Something that hasn’t been high on the list of retirement risks for many years is inflation.
We all make mistakes. Fortunately for us, our mistakes don’t prevent other people from qualifying for a home loan or getting a job. But those kind of mistakes could show up on your credit report, which is why everyone should be vigilant about fixing them.
Exploring new places and new things is actually a way to learn more about yourself. As the poet T.S. Eliot put it: “The end of all our exploring will be to arrive where we started and know the place for the first time.”
